Mergers & Acquisitions ·
Eversource Energy completes sale of Aquarion Water Company for $2.4B in cash, expects $115M charge
ESEversource Energy
Eversource Energy completed the sale of Aquarion Water Company to Aquarion Water Authority for $2.4 billion in cash. The company expects to recognize an after-tax non-cash non-recurring charge of approximately $115 million, or $0.31 per share, in the second quarter of 2026, with adjusted net equity proceeds of approximately $1.7 billion to be used to displace Eversource Energy debt. Eversource Energy is an energy utility company providing electric and natural gas distribution and transmission services.